Vaughan Housing Market 2027: Prices, Sales and What to Expect

By Jatin Dua · Broker of Record, RE/MAX Quantum Realty · Updated 2 November 2026 · 9 min read — Vaughan prices by home type for 2024 to 2026, what the October 2026 rate hike changes, and what to expect in 2027.

This is for anyone buying, selling or owning in Vaughan, including Woodbridge, Maple, Thornhill and Kleinburg, who wants real numbers before planning a 2027 move. You will see three years of TRREB MLS data by home type, what the October 2026 rate hike changes, what forecasters expect, and my own cautious view, clearly labelled.

What are home prices in Vaughan in 2026?

Every main home type in Vaughan sold for less in January to October 2026 than in 2025. The typical detached home sold for $1,415,000, down $175,000 from the 2024 median. The detached drop of 5% was one of the milder ones in York Region; semis, freehold towns and condos all fell 9% to 11% in a year.

Source: TRREB MLS data via REALM, January–October of each year (median sold price, year to date). 2026 = January–October 2026 vs the same period of 2025 and 2024.

These are medians for the whole city: half of homes sold for more and half for less. A detached home in Kleinburg and a semi in Maple are in different markets, and condos near the Vaughan Metropolitan Centre behave differently from older low-rise stock. Use the city number as a starting point, then check sales on your own street.

How many homes are selling in Vaughan, and how fast?

Sales across the five main home types were 2,450 in January to October 2026, almost the same as 2,460 in 2025 and about 12% below 2024. Detached sales rose 2.1%. Semi-detached sales fell 8.1%.

Source: TRREB MLS data via REALM, January–October 2024, 2025 and 2026 (sales and average days on market year to date; active listings at period end).

Here is the simple way to read this. Vaughan sold about 119 detached homes a month on average in 2026, with 551 listed at the end of October: a bit under five months of supply, down from almost six a year earlier. Condo apartments sold about 66 a month against 423 listings, or more than six months of supply. Condo townhouses are the slowest, with about eight and a half months.

TRREB’s September 2026 report shows Vaughan had 213 sales across all home types that month at an average price of $1,163,441, with 1,267 active listings. Homes took 42 days on average to sell that month, longer than in Markham, Richmond Hill, Mississauga or Brampton, and sold for 97% of asking.

How will the October 2026 rate hike affect the Vaughan housing market?

On 28 October 2026, the Bank of Canada raised its policy rate by 0.25 points to 2.50%, its first increase in more than three years. The Bank said it acted to keep high energy prices, linked to the war in the Middle East, from spreading into other prices. It expects inflation of about 3.5% by the end of 2026 and an average of about 3% in 2027, and it said a further increase could be needed. It also said it expects housing activity to stay relatively weak.

The big banks raised prime from 4.45% to 4.70%, effective 29 October 2026, so variable-rate mortgages and home equity lines of credit tied to prime went up 0.25 points right away. Fixed rates follow Government of Canada bond yields instead, and those had already risen through September and October. In plain terms: the cost of carrying a Vaughan mortgage went up just as prices were coming down.

For a sense of scale: by my own arithmetic, a 0.25-point rise adds roughly $65 to $70 a month to a $500,000 mortgage on a 25-year amortization. Vaughan detached buyers usually carry much larger loans, so their increase is several times that.

What economists expect for rates in 2027

TD Economics expects one more 0.25-point hike in the first quarter of 2027, to 2.75%. CIBC expects a hold on 9 December 2026, a hike in January and then no change for the rest of 2027. These are forecasts, not promises. The Bank’s next decisions are on 9 December 2026 and 27 January 2027.

What do forecasters expect for Vaughan in 2027?

No major forecaster publishes a Vaughan-only price forecast that I could verify, so here is what the regional and provincial outlooks say. Use them as a direction, not a number for your home.

• CREA (16 October 2026): national sales up 4.4% in 2027 to 464,235, and a national average price up 1.2% to $689,909. CREA assumed limited Bank of Canada action over the next year.
• TD Economics (29 September 2026): Ontario sales up 7.4% in 2027 and Ontario average prices up only 0.6%, with pent-up demand doing much of the work. TD assumed bond yields would start easing in late 2026.
• CMHC (July 2026 baseline): about 71,500 MLS sales in the Toronto census metropolitan area in 2027 with an average price near $1,050,000.
• Bank of Canada (28 October 2026): housing activity expected to remain relatively weak.

In York Region as a whole, TRREB recorded 893 sales in September 2026 at an average price of $1,136,650, with 5,168 active listings. Vaughan is following the wider GTA pattern: more listings than buyers in most segments and slowly steadying sales.

The key point is timing. The CREA, TD and CMHC numbers were all published before the October hike. If rates rise again in December or January, the 2027 rebound in sales they describe could arrive later or be smaller.

What else could affect Vaughan real estate in 2027?

• The $1.5 million insured mortgage cap. Vaughan’s detached median of $1,415,000 sits just under it. Below $1.5 million, the minimum down payment is 5% of the first $500,000 and 10% of the rest, which is $116,500 at the median. At $1.5 million or more, buyers need at least 20% down. Where a home is priced relative to that line affects how many buyers can bid.
• The Yonge North Subway Extension. This roughly 8-kilometre extension of Line 1 north from Finch will add five stations and serve Vaughan, Markham and Richmond Hill. Metrolinx says it will open after the Ontario Line is complete and gives no date. It mainly affects the Thornhill side of Vaughan along Yonge Street.
• Enhanced HST relief on new homes. Ontario and Ottawa offer relief of up to $130,000 on new homes for eligible buyers, not only first-time buyers, on agreements signed after 31 March 2026 and before 1 April 2027. New condos and towns in Vaughan compete directly with resale, so this may pull buyers to new builds until the deadline.

Is 2027 a good time to buy in Vaughan?

For buyers with stable income, Vaughan offers more choice and lower prices than in 2024. Freehold townhouses now have a median near $1 million, down about 13% in two years, and semis sit at $1,040,000. Condo apartment buyers have the most leverage, with more than six months of supply.

The trade-off is rising rates. Get a pre-approval with a rate hold and test your payment at a rate one point higher. If you are close to $1.5 million, know your down payment on both sides of the line before you bid. My guide to choosing a realtor in Vaughan lists the questions to ask.

Is 2027 a good time to sell in Vaughan?

If you are selling a detached home and price it against 2026 sales, you are in a reasonable position: fewer competing listings than a year ago and steady sales. If you are selling a condo apartment or condo townhouse, plan for a long sale. Condo townhouse supply was about eight and a half months, and the average condo apartment took 42 days to sell.

For a current estimate, see how much your Vaughan house is worth, or for condos, how much your Vaughan condo is worth.

If you are deciding whether to sell before or after you buy, my guide on selling first or buying first covers the timing risk.

What to do next

1. Find the median for your exact home type in the tables above, then compare it with recent sales near you.
2. Get a mortgage pre-approval with a rate hold before the Bank of Canada decisions on 9 December 2026 and 27 January 2027.
3. If you are buying near $1.5 million, work out your down payment on both sides of the insured mortgage cap.
4. If you are looking at a new Vaughan home, check whether you can sign before 1 April 2027 for the enhanced HST relief.
5. If you have a pre-construction closing in 2027, ask your lender for an appraisal plan now.

Frequently asked questions

Sources

• TRREB Market Watch, September 2026
• Bank of Canada raises the policy rate by 25 basis points to 2½% (28 October 2026)
• CREA quarterly resale housing market forecast (16 October 2026)
• TD Economics, Provincial Resale Market Outlook (September 2026)
• CMHC, Summer Update: 2026 Housing Market Outlook
• Mortgage Professional Canada: economists and brokers react to the October 2026 rate hike
• Metrolinx: Yonge North Subway Extension
• PwC Tax Insights: Enhanced HST relief on the sale of new homes in Ontario

Related reading

• GTA Housing Market Forecast 2027: City-by-City Numbers
• Mississauga Housing Market 2027: Prices, Sales and What to Expect
• Brampton Housing Market 2027: Prices, Sales and What to Expect
• Markham and Richmond Hill Housing Market 2027